Sarp Ka
Cheapest way to make a cash offer???
22 January 2025 | 14 replies
401K loan is capped at 50K and with withdrawal, you have 10% penalty and tax implications.
Erick Pena
Excited to Start My Real Estate Investing Journey!
15 January 2025 | 9 replies
You have come to the right place to explore different ways to generate passive income.
Kobe McDaniel
How to get Boomers to Sell
23 January 2025 | 2 replies
Your problem will be them incurring capital gains taxes simply so you can get a commission.
Deshawna Fuller
Selling Rental property with Tenants
26 January 2025 | 2 replies
I would prefer to sell the property vacant or the easiest less stressful way as possible, however I was advised that could deter investors buyers interest as the rental income is a one of my strong selling points.I am open and would appreciate any thoughts and/or suggestions from fellow agents or investors alike.Thanks
Joe S.
Note buyers for owner finance buyers without socials
22 January 2025 | 7 replies
Without an ITIN/SSN, I'd be worried about running into KYC/AML violations, fed tax liens, the borrower being deported, lien enforcement, etc.
Lina Truong
Please help me get started for mid-term rental investments
3 February 2025 | 25 replies
Quote from @Jeff Roth: Hi Lina from Texas-Congratulations on your interest in investing in mid-term rentals and you are wondering how and where to get started.I get this question frequently from investors.Sometimes and investor is looking to keep their property cashflow positive as insurance and taxes have squeezed cashflow by turning units into mid-term or short-term rentals.First off, ideally, the property will cashflow as a long-term rental should something disrupt the mid-term rental model.You will also want to have the property be near where there would be a demand for mid-term rentals (hospitals, universities, research centers).Monthly rents for mid-term rentals are about 20% (+/-) higher than unfurnished similar long-term rentals.There are property managers that will manage mid-term rentals for you and I always advise my clients to use property managers to keep their investment as passive as possible and for compliance issues related to Fair Housing Laws and local regulations.To Your Success!
Jason ODell
Cash on cash for non-leveraged properties
4 January 2025 | 2 replies
Meaning you get 4-5X the depreciation to defer your income from being taxable.
Pablo Valencia
Cali VS Texas
5 January 2025 | 11 replies
- prop 13 basically fixes the property tax.
Gene Jung
Mortgage recasting ...when to do
25 December 2024 | 5 replies
Assume my marginal income tax bracket is very high, and mortgage rate is 5.25%.
Jared Haxton
Setting Up and Marketing 4.25% Seller Finance Deal
17 January 2025 | 7 replies
I’d love your input on whether this deal could appeal to investors and how best to structure it.Property Details:Worth: ~$300,000HOA: $273/month, Taxes/Insurance: ~$170/monthCurrent Rent: $1,880/month (long-term); next tenant advertised at $1,950/month.Mid-term rental potential: ~$2,400/month (I haven’t tried this, but it’s my estimate).My Financing Idea:Large down payment: ~$125,000 (This is my priority to reinvest elsewhere).Seller-financed balance: ~$175,000 at 4.25% for 30 years.Buyers take over taxes, insurance, and HOA.Questions:1.